YouTube To Explore NFT Features For Creators
In an open letter to YouTube creators released today, the platform’s CEO Susan Wojcicki has suggested that the company will consider embracing many emerging Web3.0 tools, including NFTs, as a means to help creators make money. Let’s look at what we know from Wojcicki’s open letter, and what we could potentially expect from the dominant […]
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Susan Wojcicki stated YouTube's intent to "help creators capitalize on emerging technologies." YouTube's CEO, Susan Wojcicki, addressed YouTube's priorities for 2022 in a letter published Tuesday on the company blog. Among those priorities is the possibility of adding nonfungible token, or NFT, features for the platform's video creators.there's *so much* to in 2022: @SusanWojcicki shares the future of YouTube → https://t.co/uL2WIbLwXK pic.twitter.com/JEW8yzqh7e— YouTube (@YouTube) January 25, 2022 What this could look like is yet to be determined, however. No additional details were....
YouTube recently released news about integrating a new direct-to-creator tipping/funding feature. This is most likely to compete against Vimeo's Tip Jar feature. This is great news for content creators and YouTubers everywhere, but the potential could be largely expanded if YouTube includes Bitcoin. Here's the playing field between YouTube and Vimeo. YouTube is owned by Google. Vimeo is owned by InterActiveCorp, which also owns CollegeHumor, OKCupid and many other sites. Vimeo already has their Tip Jar feature open. However, it is only open to paying members as well as they only process....
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan. YouTube is looking at NFT integrations to provide new methods for creators to engage with fans and develop additional revenue streams. The news comes just a few weeks after YouTube CEO Susan Wojcicki hinted that the platform can use Web3 “as a source of inspiration” for growth and possibly adopt NFTs on the website. In a Feb. 10 blog post, YouTube's Chief Product Officer Neal Mohan outlined a long list....
YouTube has quietly added a new payout option that lets creators in the US receive earnings in PayPal’s dollar-pegged token, PYUSD. According to several reports, the change appears to be active now and is being offered through PayPal’s payout rails rather than through any direct crypto custody by YouTube. Related Reading: UAE Telecom Powerhouse Embraces […]
YouTube, Instagram and TikTok are some of the most popular platforms for content creators to express themselves, create a community and – ultimately – generate income. However, as a part of the Web2 ecosystem, these platforms have some shortcomings when it comes to monetization and allowing content creators to engage their audiences. Web 2.0 vs. Web 3.0 Web 2.0 is all about user-generated content, greater interconnectivity and social interaction. People have been able to use Web 2.0 to generate forms of income: from subletting their homes, selling their goods and services and....